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the parties in washington and urged leaders to work together. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. our lead verse to reach across the aisle to do the people's work. >> while the electoral college makes this win look far more decisive than the popular vote, that is just one of the quirks of the u.s. electoral voting system that many people worldwide have been learning about. 303, the number of delegates that he has to romney's 206. despite the very close popular vote, again, the electoral college votes make it much more decisive. florida remains a toss-up. clearly not going to make a difference to the overall outcome. 270, that was the number to reesm we knew once we started to get the results from ohio, that it was going in barack obama's way decisively. yes, 303 to barack obama 206 to mitt romney. >> but the race for the white house wasn't the only major contest as control of congress was also up for grabs. the democrats held on to the senate picking up two additional seats in massachusetts, where eliz
are adding up. 42 states, plus washington, d.c. and the virgin islands, play powerball. officials expect ticket sales for the current jackpot to top $1 billion. many of those tickets are for office pools. >> we contributed our $2, so we're hoping to win. >> winning workplace pools often have happy endings, like the eight nebraska meat packing members who in 2006 shared $365 million. the previous power ball record. >> i've been retired for about four days now. >> reporter: for others, not so much. five new jersey construction workers ended up in court winning a lawsuit claiming a colleague cheated them. >> you don't expect anybody to do anything wrong, but when people are tempted with money, you know, sometimes strange things happen. >> the chances of striking it rich, one in 175 million. statisticians say you're 33 times as likely to be attacked by killer bees and 50 times as likely to be struck by lightning. richard claims you increase your chances. he's written a book. his tips, buy as many tickets as you can afford and pick your own numbers, don't threat machine do it. >> it's all abo
this february, he had said he had hoped washington and beijing would have a new type of relationship and that's a concept that the former prime minister of australia, a traditional ally to the united states, said he would support. >> i believe the president will be someone that president obama can do business with. and that's why i called again for a new u.s. china strategic road map. this is absolutely necessary for the peace of east asia. >> so both beijing and washington have to work through a whole host of issues that are currently straining both sides. trade disputes and currency and other security issues within the region. >> we'll have plenty more on that leadership change coming up in the program. you can also check out plenty more coverage on cnbc's website. and of course if you want to share your thoughts on this transition, you can e-mail us worldwide@cnbc.co worldwide@cnbc.com,. and stay tuned because at 5:20 a.m., we'll have in-depth analysis on on what the chinese leadership transition means for china/u.s. relations with a guest who says we should brace for more nationalistic, n
in tokyo with the latest at 10:30 cet. and we'll have analysis in washington where obama kicks off budget talks. we'll also talk with russian markets and what stocks make a good investment as angela merkel heads out to moscow to meet putin. that's at 10:30 cet. and 11:20 cet, we'll head out to connecticut to talk holiday shopping in the consumer electronic space. one analyst says trends are set to improve. plus christine lagarde is saying eurozone leaders must reach agreement on greece at their summit next week, but when asked if the deal would happen, this was lagarde's candid relay. >> it's not over until the fat lady sings as the saying goes. and i would not say anything else p. it's a question of working hard, putting our mind to it, making sure working on the objective that greece cannot operate on a sustainable basis. ftc says expected to approve at a party gathering on december 5th, that the ecb's offer to buy debt must be temporary. we've heard from lagarde there talking about how it ain't over until the fat lady sings. at the same time. >> there isn't the equivalent of a fat lady
's doug owner hill man. a number will travel to washington to try to reach a deficit cutting deal as part of the fix the debt campaign. so all things fiscal cliff still pre-dominate. we have a time clock that's quickly running out. how important is it that we get an agreement before the end of the year? >> this is like the debt ceiling argument. people got into a panic. that's something we even imposed on ourselves to decide that the debt shouldn't go too high. so it's not a bad thing. same with the fiscal cliff. what are we saying with the fiscal cliff? we're saying the economy might be revealed to be what it's actually doing because we'll take away the artificial supports because we think it's held any enough now to maybe after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we're doing it out of our saving. >> but the point isn't just that we have to restore a higher level perhaps of taxes and lower level of spending than we might like. the problem with the u.s. is it gets into that ideological dispute over whether the way to do that shoul
of late make the argument. so the message out of washington is stop it with the austerity. you are forcing growth into negative areas. you're self defeating. it will be very hard for a com any administration to make that same message here in europe because as you pointed out at home, his plan, particularly the ryan plan, was very much almost german style austerity plan. something that has been advocated by northern europe on to southern europe as part of these bailouts in greece, spain, portug portugal. so hard to maintain that message that you should stop with the austerity, allow a little growth. so in terms of the way the eurozone views it, that change between the voice now coming out of the white house and potentially a new voice coming out of the white house in a romney administration, that's the most significant change after tomorrow. >> peter, if europe was voting, they would vote for obama. that's what the survey suggests overwhelming so. why is that? >> let's remember where we were four years ago. the transatlantic relationship was some would argue post war loans. there's never be
@cnbc.com. at krchlt nc @cnbcwex. and washington may be considering more sanctions against iran. we'll have the latest on that and outlook for energy prices next. and we'll loof you witheave you we can't get enough of, the christmas tree at rockefeller center. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on grounipping at fedex office. >>> we want to show you what's happening with the oil trade. we've seen prices buffeted by renewed unrest, but today both light crude and brent are showing a bet of a retracement, down about 0.3%. head of commodities market strategy at bnp paribas joining us. harry, we wanted to get a sense from you as the senate is expected to debate new measures that could include banning sales and transfers of special metals to iran. how the breakdown in talks with the iaea is playing into the oil trade and concerns about mideast more broadly. >> certain
as the chinese economy shows signs of improve. >>> and we'll head out to washington for a view on how the handover of power in china will impact relations in the u.s. >> we're in london to talk about shipping trends. >>> plus what will obama do about the looming fiscal cliff? we'll have plenty of analysis from commentators. >> and we'll hear first from the cfo of aliance. but first day two data suggested growth is picking up and inflation is moderating meaning beijing may have more scope to ease if necessary. ppi industrial output and retail sales all came in better than forecast. eunice joins us from beijing. i'd hate to suggest this is quite good timing for this data. very convenient. >> what are you suggesting? a lot of people are saying that the numbers are showing the economy is bottoming out and a lot of people do use the numbers as a guideline at least. they're saying the investment figures were encouraging. looking relatively strong. the government hasn't put up of much money in the infrastructure projects, so that's part of the equation here. other part is retail and consumpt
and with seven weeks to go, the fiscal cliff deadline looms. what's expected out of washington. we'll take a look. >> meanwhile greece will have to wait another week for a crucial loan amid a spate over athens debt prediction time table. christine lagarde has been open in her disagreement. >> from you'our perspective, th sustainability of greece has to be measured in 2020, and our target is 120%. >> against this backdrop, greece planning to auction as a part of refinancing 5 billion euros of debt that has to be paid on friday. it is the 16th on friday. >> i believe so. >> so joining us now in london is justin knight, head of european rate strategy. patrick stays around, as well. justin, thanks for joining us. first of all, this little spat on the two year extension, how much >> of course they're politicians and in jean claude's own words, different circumstances. they have to get reelected. christine lagarde is head of the imf and the imf needs to get the problem sorted out as quickly as possible regardless of political concerns. so you can see which way they're coming from here. as i say, the mn
protests today. we'll be outside a walmart story near washington, d.c. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. #. >>> walmart organizers upset over working conditions, have 34r57bed protests 1,000 u.s. stores. we're in the suburbs of washington, d.c. hampton, what are they upset about? >> well, it could get a little noisy here in a couple hours. specifically this. there's pressure from a lot of organized labor and those who support organized labor to get unions inside walmart, try and get better pay and benefits for walmart 1.4 million employees. walmart's response is
tickets. power ball is available in 40 u.s. states and washington, d.c. earlier this year, the mega millions lottery reached a record $656 million. so let us know what you would do. there's a one in 176 million chance of winning. e-mail us. john has written into say i would purchase the spanish formula one teammate and a cancer radio unit. a good idea. if you've got any thoughts, e-mail us worldwide@cnbc.com. at cnbc weks or direct to m me, @rosswestgate. >>> after the break, a ble to the one group pushing mosts for a session. we'll have the latest from barcelona. and we'll show you where we stand with european stocks at the moment. and after good gains last week, just slightly softer today. the ftse 100 remember up 3.5% last week. just down half a percent for the ftse. we did see italian consumer confidence fall to an all-time low earlier this morning. spanish yields are slightly higher. guilt yields and bund yields just slightly lower. currently markets, dollar index down at a three week low this morning. two new members of the bank of japan come position out and saying we should
Search Results 0 to 10 of about 11